Another explanation could be that real estate costs is driving founders and startups out of the city. If most of the founders don't live in SF, they're more likely to open offices in the valley. Heavy traffic to/from SF doesn't help with the situation.
Or the costs are driving potential founders out of founding. If you double your monthly costs, you double the amount you need to save in order to have enough runway to "two guys in a basement" your way into enough traction for funding. Plus you need more funding for getting enough roadway for employees and an actual business. Maybe I'm far more mobile than others, but I'm really surprised that there isn't a wave of p…
The Decline of Investment in San Francisco Startups
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Re: The Decline of Investment in San Francisco Startups
#42Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…
From following the YIMBY movement (http://www.slate.com/articles/business/metropolis/2017/06/yi...) it's hard to not take the YIMBY position. More needs to be built, but we can have ~10% BMR requirements as ways of increasing diversity in a neighborhood and preserving some local control/culture. If enough is built, there won't be a need for BMR.
Re: The Decline of Investment in San Francisco Startups
#43I wonder if Tunguz looked at B2B vs B2C trends. It seems that there's lots of B2C apps in SF that are crashing, yet many of the startups in outside SF in the valley are B2B.
Re: The Decline of Investment in San Francisco Startups
#44Earlier quoted context omitted.
> Riding BART into and out of SF as a commute is ridiculous at a new level nowadays. Especially given the shocking number of uneducated people who insist on keeping their backpacks on their shoulders despite the train being packed. Totally pisses me off!
How do you know they're uneducated?
Re: The Decline of Investment in San Francisco Startups
#45Earlier quoted context omitted.
It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.
Correct. And the best way to fix Bart overcrowding is to build apartments near where people work so they don't HAVE to commute.
Wikipedia says that current headways fall short of the original plan, which seems like it could be part of the problem:
> In the 1970s, BART had envisioned frequent local service, with headways as short as two minutes between trains and six minutes intra-line on the (quadruple-interlined) section in San Francisco. However, headways have fallen short of the original plans, presently three minutes between trains, and 15 minutes intra-line in San Francisco.
Re: The Decline of Investment in San Francisco Startups
#46Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…
It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.
Re: The Decline of Investment in San Francisco Startups
#47Earlier quoted context omitted.
How do you know they're uneducated?
Perhaps they mean "uneducated in riding public transport in a way that doesn't hassle other passengers."
Re: The Decline of Investment in San Francisco Startups
#48Earlier quoted context omitted.
It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.
Correct. And the best way to fix Bart overcrowding is to build apartments near where people work so they don't HAVE to commute.
Why not build businesses where people live? Apple can spend 5 billion on its new campus in the middle of nowhere, but the public has to shoulder the cost for transit. 90 percent of Google's and Apple's domestic workforce could probably do at least 70 percent of their work from home. Apple prides itself on renewable energy usage, but it's perfectly OK for its employees to spend 3 hours idling in traffic?
Re: The Decline of Investment in San Francisco Startups
#49Another explanation could be that real estate costs is driving founders and startups out of the city. If most of the founders don't live in SF, they're more likely to open offices in the valley. Heavy traffic to/from SF doesn't help with the situation.
The article already addressed this. Real estate has no impact, since Palo Alto, which is equally expensive, has seen dramatic increase in funding. The trend is really random. Tomorrow Uber will raise $5bn and will all come up with a different explanation
Re: The Decline of Investment in San Francisco Startups
#50Earlier quoted context omitted.
Correct. And the best way to fix Bart overcrowding is to build apartments near where people work so they don't HAVE to commute.
The best way is to make work from home / remote default. If US does then devloping countries can follow. If Fortune 100 company makes rule for thier offshoring companies allow work from home then they pretty much can solve traffic issues all Bengaluru, Chennai, Hyderabad in a month. And the country like India can also improve infrastruture other than road .
Unless the idea is social isolation, anyway. Sometimes the gleeful description of "progress" makes it sound like there's cheering on of the cyberpunk dystopia going down.